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The All-Star Game is a big-budget event that's always been one of the most anticipated events of any NBA season since it started in 1951. Due to the attention it draws from fans and even celebrities from all over the world, one would be curious just how much players make during the event.
The All-Star Weekend is a three-day event filled with exciting festivities that cater to the wants of the fans. From high-flying dunks to competitive games between the players, the weekend is full of thrills and money-making situations.
Prior to the 2017-18 season, it was set that each player from the winning team would receive $50,000 as an incentive. That has changed as winning players now get $100,000 each due to the recent collective bargaining agreement (CBA). For the losing squad, however, it wasn't the same.
While the winners got an increase, the losers did not. It was probably an attempt by the league to make it competitive as the players from the losing team still earn $25,000 each. Compared to what the winners are getting, the difference is enormous.
Also read: Listing oldest and youngest players to participate in NBA All-Star Games 2023
Participants of the All-Star Game aren't the only ones to receive cash prizes during the three-day weekend
The participants of the All-Star game aren't the only ones over the weekend who get to win monetary prizes. In the Slam Dunk Contest, the winner gets $100,000, while the runner-up gets $50,000 and the third and fourth place participants get $20,000 each.
For the 3-point Contest, the champion gets to go home with $50,000. Players in the second place get $35,000 and third place gets $25,000. From fourth place to sixth place, they get $10,000 each. The rest of the participants, who are in seventh and eighth place, won't get anything.
The Rising Stars Challenge has become a great opportunity for young stars to showcase their talents. According to Kyle Kuzma, players from the winning side get to win $25,000 each and the losing team goes home with $10,000.
What to expect for the NBA All-Star Weekend this season
This season's festivities are bound to be an exciting weekend. The 3-point contest is filled with stars like Damian Lillard, Jayson Tatum and Tyrese Haliburton. While the same can't be said about the Slam Dunk contest, it's still something that fans can get excited about.
Additionally, LeBron James of the LA Lakers is set to be honored at halftime for his recent scoring accomplishment. For the first time ever, the All-Star draft will take place moments before the All-Star game.
